Servicenow Stock Analysis

ServiceNow Stock Analysis Notes

About 91.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.89. ServiceNow recorded earning per share (EPS) of 8.42. The entity had not issued any dividends in recent years. ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was founded in 2004 and is headquartered in Santa Clara, California. Servicenow operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 16881 people. To find out more about ServiceNow contact William McDermott at 408 501 8550 or learn more at https://www.servicenow.com.

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ServiceNow Thematic Classifications

ServiceNow Stock Institutional Investors

Note, although ServiceNow's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ServiceNow Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 152.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ServiceNow's market, we take the total number of its shares issued and multiply it by ServiceNow's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ServiceNow Profitablity

The company has Net Profit Margin of 0.19 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income.

Management Efficiency

ServiceNow has Return on Asset of 0.031 % which means that on every $100 spent on assets, it made $0.031 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2735 %, implying that it generated $0.2735 on every 100 dollars invested. ServiceNow's management efficiency ratios could be used to measure how well ServiceNow manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.11 in 2024. Return On Capital Employed is likely to climb to 0.08 in 2024. At this time, ServiceNow's Fixed Asset Turnover is fairly stable compared to the past year. Return On Assets is likely to climb to 0.10 in 2024, whereas Intangibles To Total Assets are likely to drop 0.05 in 2024.

Technical Drivers

As of the 19th of April, ServiceNow has the Coefficient Of Variation of 7563.66, semi deviation of 2.06, and Risk Adjusted Performance of 0.0147. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of ServiceNow, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for ServiceNow, which can be compared to its competition. Please validate ServiceNow information ratio and downside variance to decide if ServiceNow is priced more or less accurately, providing market reflects its prevalent price of 731.36 per share. Given that ServiceNow has jensen alpha of (0.05), we advise you to double-check ServiceNow's current market performance to make sure the company can sustain itself at a future point.

ServiceNow Price Movement Analysis

ServiceNow Insider Trading Activities

ServiceNow Outstanding Bonds

ServiceNow Predictive Daily Indicators

ServiceNow Corporate Filings

ServiceNow Forecast Models

ServiceNow's time-series forecasting models are one of many ServiceNow's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ServiceNow's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how ServiceNow prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ServiceNow shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ServiceNow. By using and applying ServiceNow Stock analysis, traders can create a robust methodology for identifying ServiceNow entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ServiceNow analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ServiceNow analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

ServiceNow stock analysis indicators help investors evaluate how ServiceNow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ServiceNow shares will generate the highest return on investment. By understating and applying ServiceNow stock analysis, traders can identify ServiceNow position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.

Is ServiceNow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ServiceNow. If investors know ServiceNow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ServiceNow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of ServiceNow is measured differently than its book value, which is the value of ServiceNow that is recorded on the company's balance sheet. Investors also form their own opinion of ServiceNow's value that differs from its market value or its book value, called intrinsic value, which is ServiceNow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ServiceNow's market value can be influenced by many factors that don't directly affect ServiceNow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.